LT Group to Restart Asian Alcohol Operations

by Arra B. Francia (Business World) LT Group, Inc. (LTG) plans to revive the operations of its unit Asian Alcohol Corp., around eight years after the distillery temporarily halted its operations.

In a statement issued Friday, tycoon Lucio Tan, Sr.’s conglomerate said Asian Alcohol will begin its biofuel production as part of the company’s efforts to develop clean and renewable energy projects.

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Prior to the suspension of its operations, Asian Alcohol was the country’s second largest distillery. The company stands on a 10-hectare property with alcohol aging and wastewater treatment facilities capable of converting distillery waste into biogas energy for its power requirements. The facility had a daily rated capacity of 210,000 liters of quality ethyl alcohol back then.

The company expects Asian Alcohol to mirror the operations of Absolut Distillers, Inc. in Batangas, which has since generated over P880 million from its bioethanol operations starting in 2015.

At the same time, Absolut Distillers will be commissioning a six-effect evaporator to improve its wastewater treatment. The firm will further add a pot still distillery and a small mill. READ MORE